Facebook Twitter
Now With Over 23,000 Reviews!
Sign up now

Trader Tech Vantage Point Software

TOP 50
www.tradertech.com/..
Category: Software
First, it predicts the trend direction of the market. This can be done by using any of the predictive indicators and then confirming the indication by using any of several predictive technical indicators. Using the pattern recognition capabilities
Filter reviews by
Page:   4
Displaying 31-40 of 41 Total Reviews
Great tool for all level of traders
I have used this program for the past ten years in all markets in both day and swing trading. The program updates each night a 6.00pm EST which gives me plenty of time to get out in front of the market and prepare for the next day 's trades and I now always let the market come to me instead of blindly chasing price in lower time frames Intra day. The correlation to 25 other markets to forecast the target market along with the neural networks is the key in my view to this program which I do not see any other program in the market doing. I give this program 5 stars and continue to implement it's powerful tools into my daily trade.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
1 of 1 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
1 Comment on this Review
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Tools
Support
Value



Technology That Offers An Edge
I have used VantagePoint for almost 4 years to trade everything from Forex, Agriculture futures, stocks, options, ETFs, you name it. Anything that moves! Essentially, VantagePoint is able to predict average prices of the short term, so about 1- 3 days using a set of proprietary indicators, a Neural Index ( 2day forecast), Predicted moving averages ( multi time period) , and a Predicted high and low price for the next trading day.

The data that comprises the predictive indicators is quite different than traditional technical indicators that rely heavily on fairly simple mathematics like averaging, standard deviation, mean reversion, etc. Instead, VantagePoint uses the technology of Neural Networks to produce very accurate forward looking indicators. It also, isn't just doing analysis on one market, its looking at a large number of markets that are known to have a significant relationship with the one you want to trade. Intermarket Analysis.

The indicators are then tested across a wide range of markets to ensure their overall robustness.

How I see it, the software performs consistently over such a wide range of markets it offers a significant edge when it comes time to trade those markets. Obviously, a trader needs to excessive risk controls, and a strategy to trade continuously over time. However, by incorporating the software output into a trading process, I don't see how it wouldn't have a positive affect for almost any type of trader.

Personally, I have found it most helpful for my longer term trade set ups. Where I use the shorter term forecasts from VP to do all the things a good trader should do. Push winners, scale in/out, adjust stops, or just plain get out when the software shows a conflict. Essentially, becoming a short term trader in line with the software, within a long term trade idea. By using the predicted highs and lows and predicted moving averages, I can build on a position that's working while having a very clear idea of where the market should trade over X amount of days going forward, limiting my risks and opening up large profit opportunities once a trend breaks out.

It's also quite impressive in the Forex market where one is REQUIRED to do inter market analysis, especially when trading cross pairs. The software is surprisingly good at intraday forex levels, which I would imagine has to do with the fact that the forex market are highly driven by these intermarket relationships (think DX, Gold, EUR, JPY, Nikkei) but also the nature of 24 hr markets and the neural network technology, but that's just speculation on my part.



Essentially, as a purely technical trader, I want to tap into something that works on an extremely wide assortment of liquid markets. It means I am tapping into something significant about how "people" are interacting with markets, not just some gimmick that is working this year, but blows up my account next year when the market environment changes. I also find it helpful to have the ability to trade almost any market, since VantagePoint is producing a forecast, its best to identify the best looking opportunity rather than forcing trades in a particular asset class or on a market you might "like" because of some cognitive bias you picked up from some previous trading or life experience.

If you are going to risk any money in the market, I certainly recommend getting VantagePoint. It will save you alot of headache and give you a lot more confidence to actually act on the trading opportunity when it presents itself. On the flip side it will get you away from bad trades early, which in real terms is just as valuable as a winning trade.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
1 of 1 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
1 Comment on this Review
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
Matt.e.golden Lake Mary, Florida

User’s Review Ratings
Overall
Tools
Support
Value



Don't Get Scammed Like I Did
I want to warn anyone thinking of purchasing this software - be very careful. I consider myself a seasoned trader & I was impressed by the seemingly wonderful reviews by guys with PHD's that show a significant statistical edge in using this software for trading (this is what we are all looking for of course).

I was also impressed by the online demo showing how just one of the indicators could predict the movement of the market the next day by over 80% (this alone is worth a fortune in trading if you merely using a crude system and binary options).

What they don't tell you is the indicator changes retrospectively based on new data and at the time you would trade, you have no edge at all.

Unfortunately I let my naiveté get in the way & I purchased the software & threw away a few thousand dollars.

A complete scam and a fraud - they should be banned.

STAY AWAY !!

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Tools
Support
Value



Vantage Point Softward Is A Wolf In Sheep's Clothing
Both the software and customer service are not performed as advertised and expected.

Overall, I would rate this Vantage Point less than 1 point (on a scale of 1 – 10 with 10 being the most positive, and 1 being the lousiest). Even though this rating sounds and sarcastic, this is the fact you have to face after donating your money to these marketing firm.

If you want to keeping shrinking your trading account size, you are most welcome to donate your hard-earned money to this marketing firm.

TRYING IS BELIEVING!!!!!!!!!!!!!!!!!!!!!!!!

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
2 of 2 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Tools
Support
Value



Real Gimmick
The smoothed out lines are 50 sma and 100 sma cross over, This system is only for position trading

not for day or swing trading.

I had bought VP in 2004 after making inquires at there office in Florida they offered me a deal I could not refuse $700.00 with 3 years free Data . It worked well on the world indices ,but we were in a strong

BULL Market and you do not need any system in a strong Bull or BEAR market you just BUY on Market Correction in a Bull Market or Sell in a BEAR market.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
1 of 2 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
1 Comment on this Review
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Tools
Support
Value



not pleased
doesn't seem like the software was properly tested before development was complete. Really buggy and charts aren't to my liking.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
2 of 2 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
1 Comment on this Review
Review Updated
Horrible Product
Please please don't buy it don't be a fool. It simply doesn't work

This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall



Read Contracts BEFORE installing - you may save $495
I can say nothing for, or against, Vantage Point’s software itself, however I can relate my experience with the firm.

In brief,

I purchased their software on a trial basis, being told by the salesperson that there was a 15 day refund period. Before downloading their software, I looked in their (very lengthy) software contract and saw the refund was less a $495 “processing fee” which had never been mentioned. I immediately told them I would not agree with their license, and canceled the purchase. They had already shipped a disk and manual to me, which I refused delivery on a few days later.

They then emailed a “License Nullification and Release Agreement” which I was to sign in order to process the refund. The agreement said, among other things, that I agreed to be liable for any damage done to them by statements I may make about any dealings with them including “the posting of comments or threads on any website or trading forum on the Internet.” They also wanted to charge me for shipping. I refused to sign the agreement and told them I would use arbitration via my credit card if necessary. They responded that they would issue a credit in full which I received a few days later.

Had I installed the software, it would have cost me the $495 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

In more detail:

I was contacted by one of their salespersons and thought software which would apply a neural technology was intriguing. Their used-car sales marketing approach seemed dubious at best, and I inquired into their return policy. I was told there was a 15 day refund period. I thought this was a short period but was still somewhat intrigued by neural networking and agreed to purchase the software after my salesperson said that there would be a statement about the refund in the confirmation email. What I received was the following:

… I just wanted to let you know that the 15 day money back guarantee is in your license agreement with your downloadable links which were sent out to you!

I followed the links and checked the license agreement before even attempting to download the software. The contract was VERY lengthy and several pages into it I found the following:

----------------------

20. Refund. Licensed Package may be returned at Licensee’s expense for a partial refund (excluding a $495.00 refund processing fee) provided ... [conditions] ... the original CD-ROM containing VantagePoint must be returned to Market Technologies (as specified herein) and postmarked by Licensee within fifteen (15) calendar days from the Date of Initial Receipt by Licensee (“Return Period”). It is strongly encouraged that Licensee use a traceable, overnight carrier to ensure compliance with the provisions of this section, as there will be no exceptions should this time frame not be met…

-------------------

Nothing had been mentioned about the $495 “processing fee.” In addition the agreement makes the 15 days absolute since “there will be no exceptions should this time frame not be met.” However, the email which came with the download links made it sound like there was 21 days:

-----------------

Once you complete the initial activation, you will have access to the full product for a registration period of 21 days. This period gives you the opportunity to consider a variety of areas before deciding which ones you would like to register.

----------------

I immediately cancelled the order, however there was a physical disk and manual which had already shipped. I told them I would simply refuse the package, they told me my card would be credited after the package was refused.

A couple days later I received their “License Nullification” agreement, which in addition to removing and returning all copies of the software had the following clauses:

4. Confidentiality. The Releasing Party represents and warrants to the Company that it will keep (and will cause its affiliates to keep) the transactions contemplated in this Agreement and all negotiations, communications and dealings relating to the License, the Software and to this Agreement completely confidential and will not disclose any of the information … in any public forum or communications medium, including, but not limited to, the posting of comments or threads on any website or trading forum on the Internet.

6. Remedies; Attorneys’ Fees. The Releasing Party acknowledges and stipulates that the Releasing Party’s or any of its affiliates’ breach of the restrictive covenants in Section 4 of this Agreement will result in irreparable injury to the Company for which monetary damages alone would not be an adequate remedy. Therefore, the parties agree that in the event of a breach or threatened breach of confidentiality, the Company shall be entitled to specific performance and injunctive or other equitable relief as a remedy for any such breach or anticipated breach … Furthermore, … the Company shall be entitled, in addition to any other available remedy, a return of the Refund and recovery of all damages suffered by the Company or any of its affiliates, to the extent ascertainable…

I replied in an email that there was no need for a “nullification agreement” since there was no License Agreement in effect and the software had never been in my possession. I told them I wanted a credit for the full amount, which they then agreed to do.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
4 of 4 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
DC_USA W

User’s Review Ratings
Overall
Value



Scam!
The decision is base on yesterday's actual. There is NO support. They claim they have the best support, it took me three phone calls in one day to get to my no-support person. Save your money.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
4 of 4 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Tools



Scam!
If your marketing revolves around the ability to forecast markets with up "86% accuracy", then you should be able to outperform a very simple formula.

I can outperform Vantage Point's accuracy on many of the same markets! How? By using this simple formula:

A = average price of yesterday and the day before yesterday

B = today's price

C = average price of tomorrow and the day after tomorrow

If B > A, then predict C will be higher than A

If B < A, then predict that C will be lower than A

Hidden in their disclaimer is the description of how they determine if their forecasts are accurate:

"VantagePoint’s accuracy statistics were computed... (to indicate) whether the average of tomorrow’s typical price and the typical price of the day after tomorrow (both unknowns at this time) are expected to be higher or lower than the average of yesterday’s typical price and the typical price of the day before yesterday."

Read it carefully. All they are saying is that if today is Wednesday, then they will predict whether the average of Thursday and Friday will be higher or lower than the average of Monday and Tuesday. This is not hard. The odds are very high that if Wed's price is already higher than the Mon/Tues price then the Thurs/Fri price will also be higher than the Mon/Tues price (and vice versa). Using this criteria of "accuracy" you could use my formula to make accurate forecasts of rolling dice, flipping coins, etc...

Why pay $2900 for "accurate forecasts" that don't provide any statistical edge?

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
7 of 7 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall



Totally useless
I listened to the claims of this product and bought it. I have been ripped off during my trading education experince, but never this bad. I tried for months to find one person who was using the product successfully and never did. There was nothing of value in this software.Also they claimed that I would get all the updates for free. Also a lie. Flipping a coin would be better that this.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
6 of 6 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
MrPriceAction sarasota, fl

User’s Review Ratings
Overall
Tools
Support
Value



Page:   4
Displaying 31-40 of 41 Total Reviews
Investimonials Sponsors
 
Similar Products to Review
 
Featured Investing Products